This page reflects PVLA options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — PVLA
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $100.00 (46.76 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$100.00
Nearest expiry
Expected Move
±$6.90
±4.7%
Days to Expiry
15
Calendar days
Total Call OI
578
Nearest expiry
Total Put OI
2,026
Nearest expiry
P/C OI Ratio
3.51
Put-heavy
Spot Price
$146.76
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$100.00
5/15/2026, 11:33:06 PM
2026-06-18
$100.00
6/18/2026, 11:30:06 PM
2026-07-17NextUpdated
$100.00
7/3/2026, 11:27:58 PM
2026-08-21
$115.00
7/3/2026, 11:27:58 PM
2026-11-20
$115.00
7/3/2026, 11:27:58 PM
2027-02-19
$95.00
7/3/2026, 11:27:58 PM
Selected expiration: 2026-07-17 at max pain $100.00.
PVLA pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
80
0
3066500
3066500
85
0
2054000
2054000
90
0
1042000
1042000
95
0
30500
30500
100
0
19000
19000
105
228000
8000
236000
110
456500
7000
463500
120
914500
6000
920500
125
1150000
5500
1155500
130
1396500
5000
1401500
135
1654500
4500
1659000
140
1928000
4000
1932000
145
2215000
3500
2218500
150
2503000
3000
2506000
180
4237000
0
4237000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.